ZHULIAN – 2013 Q4

ZHULIAN has recently announced its last quarter result. Frankly speaking, the result was not that good. The reason being not good was due to the sales at Thailand and local’s were slow down. That caused Zhulian has dropped from the peak RM5.00+ to RM3.30+.

The main reason it’s share price dropped a lot is the last quarter result and the uncertainty at Thailand. Secondly, the CA has almost reached the expiry date. Thirdly, the whole market is moving downwards.

ZHULIAN had been showing strong financial result all the while and survived during financial crisis. I think it is still fundamentally strong. I will wait one or two more quarter to see how it perform.